NHS patients are being put at risk because profiteering pharmacists are selling prescription drugs to Europe.
The fall in the pound re the euro has made things worse but:
Richard Ascroft, director of corporate affairs at drug maker Lilly UK, said: \’We are definitely concerned about this. Drug prices in the UK are among the lowest in Europe for a number of reasons and this has created opportunities for export trading.
Quite. The NHS fixes drug prices. Some would say it\’s use of their buying bulk to get better deals. Others might say it\’s bureaucratic fiat insisting that prices are below their market clearing prices. The effect?
Unscrupulous speculators cashing in on the weak pound have created a shortage of at least 40 drugs, a Daily Mail investigation has found.
They include treatments for cancer, high blood pressure, Parkinson\’s and high cholesterol.
Same old, same old though. Set prices below market levels and you get shortages. One of these iron laws you see.